Looking Into Arista Networks's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Arista Networks (NYSE:ANET) has seen a 5.88% decrease in its short percent of float, now at 0.96%. This is lower than its peers' average of 7.45%. The reduced short interest may indicate a more bullish sentiment towards the stock.
September 12, 2024 | 6:30 pm
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Arista Networks has experienced a 5.88% decrease in short interest, now at 0.96% of float, which is significantly lower than its peers' average of 7.45%. This could suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Arista Networks, which could indicate a more positive outlook on the stock. Additionally, the short interest is significantly lower than its peers, which may further support a bullish sentiment.
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